|
PureBytes Links
Trading Reference Links
|
Hi Chorlton,
If I understand what you want, here it is
Osc:=Mov(C,3,S) - Mov(C,9,S);
Osc;
Mov(Osc,16,S);
This will plot the two lines you wanted. If you want to chart a zero line
also, one simple way to do it is to plot the indicator, right click on the
plotted line (either one) and chose properties. Choose the "Horizontal
Lines" tab, enter 0, then "Add" and "OK".
Good luck.
Best,
Larry Carhartt
MasterDATA Composite Plug-in For MetaStock
The Only Source for Index & ETF Composite/Breadth Historical MetaStock Data
www.MasterDATA4MetaStock.com
lc@xxxxxxxxxxxxxx
818-701-6686
-----Original Message-----
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of chorlton_c_hardy
Sent: Thursday, October 13, 2005 10:47 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Help with creating 2 Momentum Indicators
Hi All,
Can anyone help me !!!
I want to create a new oscillator in Metastock, which will contain 2
lines as momentum indicators and would welcome any help regarding
creating these.
The basic idea is that I want to plot a line, which is the result of
one Moving Average deducted from another Moving Average and plot the
net result (either a positive or negative number) as a line on the
chart.
The formula for the 1st line on the Oscillator should be:
3 day MA of closing price minus 9 day MA of closing price
(if this is working properly then hopefully the line should rise
above the horizontal 0, if the price over the last few days has been
moving up faster than the price for the last couple of weeks &
obviously below it if it hasn't)
The 2nd line on the Oscillator should be:
16 day MA of the 1st Oscillator line (which has just been plotted)
Can anyone help me in putting this all together :-/ as my current
knowledge of Metastock is limited.
Many Thanks in advance,
Chorlton
Yahoo! Groups Links
------------------------ Yahoo! Groups Sponsor --------------------~-->
Try Online Currency Trading with GFT. Free 50K Demo. Trade
24 Hours. Commission-Free.
http://us.click.yahoo.com/RvFikB/9M2KAA/U1CZAA/BefplB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|